Taxes
News, insights and expert analysis on taxes from the team at Kiplinger.
Explore Taxes
Latest
-
Divorce and Your Home: An Expert's Guide to Avoiding a Tax Bomb
Your home is probably your biggest asset, so if you're getting a divorce, the stakes are high. Keep it? Sell it? You need to have a good plan in place for how to handle it.
By Stacy Francis, CFP®, CDFA®, CES™ Published
-
Trump IRS Shakeup and New Commissioner Billy Long: What's Next?
IRS An unconventional Commissioner comes amid broader efforts to reshape the IRS and tax policy in 2025.
By Kelley R. Taylor Last updated
IRS -
Big Tax Deduction Increase Proposed for Those Over Age 65
Tax Deductions A new bipartisan bill and a tax plan from the House GOP could mean bigger retirement tax savings to offset taxes on Social Security and high prices.
By Kelley R. Taylor Last updated
Tax Deductions -
Fewer Agents, Fewer Audits: How IRS Staff Cuts Are Changing Enforcement
Significant reductions in the IRS workforce appear to be increasing the number of 'no change' audit closures. The shift could potentially increase the overall tax gap — the difference between taxes that should have been paid and those that were.
By Bill Smith Published
-
Are Employee Retention Credit Refunds at Risk Under the GOP Tax Bill?
Tax Credits Millions of small-to-mid-size businesses could have been denied the pandemic-era ERC under Trump’s tax agenda.
By Gabriella Cruz-Martínez Last updated
Tax Credits -
Senate Seeks $6,000 'Bonus' Tax Deduction for Those Age 65 and Older
Tax Reform Under Trump’s ‘big bill,’ the Senate Finance Committee has proposed a larger bonus tax deduction for older adults than the House. Will it pass?
By Kelley R. Taylor Last updated
Tax Reform -
2025 Virginia Tax Rebate Checks Coming Soon? What to Know Now
Tax Rebates Given a historic 2025 gubernatorial race, tax policy will remain a key issue for Virginians in the months ahead.
By Kelley R. Taylor Last updated
Tax Rebates -
Trump Tariffs and Taxes: Waiting to See What Happens Is Not a Strategy
Like presidents, tariffs come and go. Policy changes also shift about every two years with the election cycle. If you're paralyzed by uncertainty, you could be missing opportunities to benefit your financial future.
By Barry H. Spencer, Registered Investment Adviser Published
-
Living Abroad as an American? Don’t Miss These Tax Breaks in 2025
International Tax U.S. expats can reduce their tax burden by taking advantage of a handful of tax credits and deductions.
By Gabriella Cruz-Martínez Last updated
International Tax